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Walker Clothing Store had a balance in the Accounts Receivable account of $780,000 at the beginning of the year and a balance of $ 820,000

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Walker Clothing Store had a balance in the Accounts Receivable account of $780,000 at the beginning of the year and a balance of $ 820,000 at the end of the year. Net credit sales during the year amounted to $7,000,000. The average collection period of the receivables in terms of days was 42 days. 365 days. 10 days 37 days

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